EPIC RESEARCH NCDEX TURMERIC UPDATE OF 21 JUNE 2017

Turmeric trading range for the day is 5786-6146.Turmeric prices ended with losses on profit booking after prices gained due to rising physical demand coupled with diminishing supplies.Increased global demand for turmeric, drove its exports to attain figures of 1,16,500 tonnes in volume in 2016-17.NCDEX accredited warehouses turmeric stocks dropped by 10 tonnes to 6598 tonnes.In Nizamabad, a major spot market in AP, the price ended at 5675 Rupees remains unchanged at0 Rupees.

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